Property Sale Through GPA Is Illegal

Through an order in 2011, the Supreme Court held that transferring property title through a general power of attorney was not valid. The top court directed municipal bodies not to register/mutate properties based on these documents. Following the order, states banned the registration of properties sold through GPA. The SC, however, said that genuine transactions carried out through GPA would be valid. In light of this, should you be entering property transactions that involve sale through power of attorney? Let us find out.

How Sale Deed Is Executed?

Here's How You Can Pay Property Tax Online In Delhi

MakaanIQ shares the process of how you could pay your property tax online. Go to www.mcdpropertytax.in, the property tax payment site of the Municipal Corporation of Delhi. Remember to check all the pre-filled data because it is on the basis of these that you get certain rebates on your property tax.

Government-owned NBCC along with Kotak Investment, Singapore-based Cube Highways and Suraksha Group have been shortlisted to acquire debt-laden Jaypee Infratech. Currently, insolvency proceedings against the company are underway in the National Company Law Tribunal. Last year, when Lakshadweep Pvt Ltd, a joint venture between Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty, won the bid to buy the company for Rs 7,350 crore, Jaypee declined the offer on the grounds of undervaluation.

About US

At makaan.com, we understand that people everywhere are searching for a home to
call their own. We want to make this search as joyful as finally finding the
perfect home because we understand that finding a home is much more than an
online
search! A home is a cherished memory that lasts forever, it is where the walls embrace
memories, the ceilings shelter love and laughter, where the quiet corners offer
a much-needed pause and life itself becomes a reason to celebrate.So to make
this journey joyful, we begin by partnering with our customers from the start
and being there when it matters the most - right from online search to brokers
to home loans to paperwork to finally finding that perfect
home. At makaan.com, we not only help you search but help you find. we help you find
joy. Makaan.com is part of elara technologies pte limited, singapore which also
owns and operates proptiger.com, a digital real estate marketing and
transactions services provider. news corp, a global media, book publishing and
digital real estate services company, is the key investor in elara. elara's
other major investors include saif partners, accel partners and RB
investments.